|Bid||151.65 x 900|
|Ask||155.21 x 900|
|Day's Range||154.78 - 157.25|
|52 Week Range||124.65 - 178.22|
|Beta (5Y Monthly)||0.22|
|PE Ratio (TTM)||65.35|
|Earnings Date||Feb. 09, 2022 - Feb. 14, 2022|
|Forward Dividend & Yield||4.64 (2.92%)|
|Ex-Dividend Date||Dec. 14, 2021|
|1y Target Est||172.83|
The world is increasingly going digital. And whether that's something that makes you comfortable or not, it's a reality that's important to accept. But as more companies and workspaces move from physical to virtual, the need to store and protect data is only going to increase.
Digital Realty Trust (NYSE: DLR)is a real estate investment trust (REIT) that owns and operates more than 280 sites in 26 countries on five continents, and it's been sharing the wealth for a good long time now, with promising prospects for more ahead. The Austin, Texas-based company is one of the nation's largest REITs, with a market cap of about $44 billion, and it has been a solid performer, providing shareholders with 16 straight years of dividend increases from this top-shelf real estate investment. The performance is the result of growth for data centers, which have expanded from simple storage facilities to cloud-computing nodes and co-location sites for businesses large and small around the world.
Data center real estate giant Digital Realty Trust (NYSE: DLR) has been a fantastic performer for shareholders, handily beating the market since its 2004 IPO. In this Fool Live clip, recorded on Jan. 7, Rapport, along with colleagues Matt Frankel and Jason Hall, discusses why the real estate investment trust (REIT) could still have a very bright future ahead.